Residential and dementia care home
Substantial detached and valuable period property
Turnover for y/e March 2019 at £895,836 with EBITDA at £341,232
Retirement sale, viewing recommended
The business is situated on a pleasant, quiet tree-lined avenue within a densely populated and sought after residential area, close to the town centre and conveniently located for the motorway, along with regular trains into London.
We have been advised that the care home is well renowned for being one of the best care homes in the area, with dedicated staff delivering professional standards of care. Built around the late 19th century, the house has splendid views yet is within half a mile of the local town and leisure complex.
The business operates from a substantial detached property and is arranged over three floors and has been extended over time to now provide a good sized accommodation, with a wonderful home from home feel throughout.
The business was purchased by our client over 18 years ago, although we have been advised there has been a care home on the same site since around 1969.
The home has an extremely good reputation with the local authority with regards to placements, although historically and currently the vast majority of residents are private fee paying clients.
We have been advised however that the majority of the residents have historically come from the local area, such is the reputation for the level of care offered along with the wonderful home from home feel.
In our opinion the business is an ideal opportunity to purchase a well established and well respected business, in a popular and affluent Home Counties location and would represent a superb addition for an experienced operator who already has an existing presence within the care sector or an excellent investment for an energetic hands on owner operator.